Redfin Names the Best College Towns to Buy an Investment Property

Redfin Compiled Median List Prices, U.S. News and World Report
Ranking, Tuition Cost and Fees and Walk Score® Data to
Find the Top College Towns to Buy an Investment Property

April 14, 2017 08:00 AM Eastern Time

SEATTLE--(EON: Enhanced Online News)--Investing in a home near a college has some undeniable perks--rent
prices are typically stable and there’s always a new pool of tenants
looking for rentals. Redfin (www.redfin.com),
the next-generation real estate brokerage, narrowed down the most
affordable college towns near schools that offer low tuition, a
high-quality education and walkability. Redfin’s methodology includes
median list price for homes near the school, tuition cost and fees, the
most recent U.S.
News and World Report ranking and data from Walk Score®, a Redfin
company.

“It’s always great to invest in a location where there is a large pool
of tenants, which is exactly what you get when you invest in a property
near a school like Georgia Institute of Technology”

“It’s always great to invest in a location where there is a large pool
of tenants, which is exactly what you get when you invest in a property
near a school like Georgia Institute of Technology,” said Redfin real
estate agent Rory Haigler. “The pool of potential tenants is also stable
with new students coming in every year, so a property owner really
doesn’t have to worry about where they will find the next tenant. I’ve
had a lot of clients looking to invest in property near Georgia Tech,
but the problem is that because it’s such a hot market, homes aren’t
listed often.”

Redfin (www.redfin.com)
is the next-generation real estate brokerage, combining its own
full-service agents with modern technology to redefine real estate in
the consumer’s favor. Founded by software engineers, Redfin has the
country’s #1 brokerage website and offers a host of online tools to
consumers, including the Redfin
Estimate, the automated home-value estimate with the industry’s
lowest published error rate. Homebuyers and sellers enjoy a
full-service, technology-powered experience from Redfin real estate
agents, while saving thousands in commissions. Redfin serves more than
80 major metro areas across the U.S. The company has closed more than
$40 billion in home sales through 2016.

For more information or to contact a local Redfin real estate agent,
visit www.redfin.com.
To learn about housing market trends and download data, visit the Redfin
Data Center. To be added to Redfin’s press release distribution
list, subscribe
here. To view Redfin’s press center, click
here.

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